Dismissing the appeal of the revenue the Court held since tax effect in instant appeal was lower than monetary limit of Rs.50,00,000, fixed by Circular No. 3/2018 dated 11-7-2018. (AY. 2008-09)
CIT v. Rudra Blades and Edges (P.) Ltd. (2020) 275 Taxman 364 (Mad.)(HC)
S. 268A : Appeal-Monetary limit-Lower than monetary limit fixed by Circular No. 3/2018 dated 11-7-2018-Appeal was same was dismissed. [S. 80IB(10), 271(1)(c)]